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Wednesday, October 20, 2010

You really have to go to this site on the TRRC website to see it to believe it

http://kids.rrc.state.tx.us/index.html

Hi and Welcome to the RRC Kids World,I'm Marti. My sister, Molly, and I are glad you stopped by to visit and play with us. We're going to tell you all about energy, the environment, pipeline safety, play games and color pictures. Be sure to visit our home, see our school, play in our park, and go camping with us.

We hope you find the Kids World really cool. Tell all of your friends about the RRC Kids World - we'd love to meet them, too.

DALLAS—China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South Texas oil and gas field. CNOOC Ltd. and Oklahoma City-based Chesapeake announced the deal worth up to $2.16 billion Sunday in the Eagle Ford Shale project between Laredo and San Antonio. A joint statement says CNOOC will pay Chesapeake $1.08 billion in cash at closing and share 75 percent of Chesapeake's drilling and completion costs up to another $1.08 billion.

Chesapeake expects to produce 400,000 to 500,000 barrels of oil equivalent per day at the project's peak.

For Chesapeake, the deal provides capital to put towards drilling and other aspects of its Eagle Ford operation. For its part, CNOOC is looking to tap into the expertise that Chesapeake has used to cheaply tap reserves of oil and gas buried deep in shale rock formations. Chesapeake has entered into similar deals with other foreign oil and gas companies like Statoil of Norway and Total of France.

Chesapeake chief executive Aubrey McClendon said in an interview that CNOOC probably wants to "see how an American independent (oil and gas company) conducts its business and learn a few things along the way." Chesapeake currently has 10 rigs developing its Eagle Ford lease. The additional capital from CNOOC should allow it to boost that total to 12 rigs by the end of this year, 31 rigs by year-end 2011 and about 40 rigs by year-end

--------------------------------------------------------------------------------Let us hope China does not learn the American way to develop energy.How do you say "FRAC U" in Chinese?

40 new wells by years end means 20 billion gallons of water used in 2011 for the hydraulic fracturing of the gas wells in south Texas.--------------------------------------------------------------------------------2012. McClendon said he expects the deal to result in 20,000 new jobs.

The Eagle Ford shale is expected to contain mostly oil and natural gas liquids, as opposed to strictly natural gas. Chesapeake is in the midst of an effort to expand its shale oil drilling operations.

The development of cheaply accessible natural gas resources by Chesapeake and others has pushed natural gas prices to below $4 per 1,000 cubic feet. It is far more profitable to instead drill for oil, which is trading above $82 per barrel.

The deal is the second in as many days for CNOOC. It announced Saturday that it has bought 2.6 million tons of liquefied natural gas from French utility GDF Suez.

Instead, after being lambasted online, and their nonattendance mentioned in the media, TCEQ scheduled what can only be characterized as a distraction of a meeting... for 3 days later. At that meeting, they're planning on showing off their whiz-bang testing equipment. Equipment used in testing which, as we've mentioned repeatedly, fails to discover industry violations even when documented health impacts have been associated with the "non-violations" of the odor policy.

Hope we'll see you tomorrow.

Sharon WilsonTexas Oil & Gas Accountability Project

P.S. At the TCEQ meeting on the 16th, constructive state legislators will also be in attendance. So we're encouraging people to show at both meetings -- so that the legislators can hear first hand accounts of TCEQ's shirking of its responsibility to the public. Stay tuned.

October 13, 20107:00 PM

DISH, Texas Town Hall

5413 Tim Donald RoadDISH, Texas 72647

With:

Wilma Subra TCEQ or their empty chair U.S. EPA Sharon Wilson If you...

Have made an odor complaint to TCEQ and been unhappy with the outcome...

Are interested in learning more about TCEQ's Odor Complaint System...

Want to make "the system" better serve the Citizens of the Shale...

...then come to the meeting! Be part of the solution.

Audiovisual equipment will be available for your use

Contact: texas.ogap@earthworksaction.org

Eight months later, the Texas Oil & Gas Accountability Project wants to check in with TCEQ -- and the people affected -- to show them how effective this new 12-hour odor response policy is.

Based on public documents, we know that 98% of the time, when you call in with an odor complaint, TCEQ finds no violation, even when 40% of the time you tell them the odors are making you sick with ailments ranging from headaches, vomiting and burning eyes to heart palpitations, dizziness and breathing difficulties. At Texas OGAP, we don't think that's good enough!

In fact, we think it stinks! The 12-hour odor response is broken and we want TCEQ to fix it so it is more protective of public health.